There are several articles that do an exceptional job of explaining who, what, where, why and how tax payers qualify for the ‘STR Loophole’ listed here:The Short Term Rental Tax Loop Hole: A Game Changer for W-2 Wage EarnersThe Short Term Tax Rental Loop Hole: What Investors need to know The implications on the Oregon and California Coastal STR market is a strengthening buyer pool for luxury rentals in the $750-1.5M+ range.

Just keep in mind the process can take a little longer since you’d need to work with contractors and follow FHA’s requirements.4.Your End Game: Whether you’re planning to stay long-term, rent it out, or sell once the work is done, it’s important to have your exit strategy mapped out.

My advise is to look at property online and see if you can talk with an agent first to see what the rules are for that state.

I understand it isn't easy, especially when new in the investing game.  

He didn’t just answer my questions—he showed me how this game is played at a much higher level.

From what I remember, and what I'm reading online right now, electric heat can cost 3x as much as natural gas.

Please feel free to reach out to me and my team if you would like to come up with a game plan and build your buy box. 

You look at this balance sheet and you see $500,000 in loans to 200 Walnut Street listed on Line 7a.

In terms of deal flow I would reach out to a couple of wholesalers, agents and join some local investor groups either on Facebook or online local community to start.

You might have somewhat of a case against your Home Inspector - they have E&O coverage (Errors and Omissions), but basically this is a buyer beware game.